US August CPI Rises 2.9 Percent

September 12, 2025 Ti AI ṣe iroyin

The US Consumer Price Index for August 2025 increased by 2.9% year-over-year, as reported on September 11, exceeding forecasts of 2.7% and indicating persistent inflation. This data bolstered expectations for Federal Reserve rate adjustments while easing some economic concerns.

ECB officials outline inflation and growth outlook

October 04, 2025 Ti AI ṣe iroyin

On October 3, 2025, Isabel Schnabel and Philip Lane, senior European Central Bank executives, delivered speeches addressing inflation trends and economic projections for the euro area. They emphasized a data-dependent monetary policy amid ongoing uncertainties.

Fed's Goolsbee says central bank positioned for further rate cuts

Chicago Federal Reserve President Austan Goolsbee stated that the U.S. central bank is well positioned to lower interest rates further if economic data supports it. In a CNBC interview, he highlighted cooling inflation and a solid labor market as key factors. The remarks follow the Fed's recent half-percentage-point rate cut.

OECD Predicts UK to Lead G7 in Inflation This Year

The Organisation for Economic Co-operation and Development (OECD) has forecasted that the United Kingdom will experience the highest inflation rate among G7 nations in 2025, projecting a 2.7% rise amid global economic slowdowns. This prediction comes as part of the OECD's latest interim economic outlook, highlighting persistent inflationary pressures in the UK despite broader trends of declining growth worldwide. The report underscores potential challenges for the UK's economic recovery and policy decisions ahead.